NFTuloan raises 250 ETH in first sales, becoming the first token sale via NFT
NFTuloan is the first Defi protocol for loans and lending on the market, and recently they completed their first round of fundraisers, raising 250 ETH in the first round. They will be launching the second round this March.
This ground-breaking NFT platform uses an unconventional loaning and lending system to help NFT/Crypto enthusiasts grow their portfolios and earn more money. They intend to address the issue of frozen assets in the digital space, allowing NFT/Crypto investors to liquidate their assets without having to wait a long time.
How NFTuloan works
NFTuloan achieves its unprecedented approach through three services: Loan, Lend, and Marketplace.
They enable NFT enthusiasts to easily expand their NFT portfolio by trading against existing NFT assets. This is possible because of their Ethereum liquidity pool using metamask. Following that, borrowers will be given an instant flash loan for 50-70 percent of the value of your NFT for the period you specify.
NFTuloan also enables ETH holders to increase their earnings by leveraging on their existing crypto, using metamask to add to their ETH liquidity pool which allows lenders to earn interest of up to 399%.
Finally, the NFTuloan marketplace offers 200 popular NFT collections at a -30% discount compared to the NFT secondary marketplace.
To learn more about NFTuloan, visit their website at www.nftuloan.com or follow them on their social media.
Media Contact
Company Name: NFTuloan
Contact Person: Joni Mendes
Email: Send Email
Country: United Arab Emirates
Website: https://www.nftuloan.com/
